Though it's expected to be an evolutionary step forward from the C6 Corvette, the 2014 Chevy Corvette is being called "all-new" by Ed Welburn. Whatever the case, however, we'll find out the full details on January 13th, the day before the Detroit Auto Show.

The new logo is a stylized set of crossed flags, like the previous Corvette emblem, but updated with elements that "reflect the sweeping redesign of the Next Generation Corvette," according to the company's announcement. Welburn says the new logo--and implicitly the new C7 Corvette--is "much more modern, more technical, and more detailed than before."

Tadge Juechter, the Corvette's chief engineer, explains the premise of the new C7: "We set out to build a world-challenging sports car with refinement, efficiency and driver engagement that is second to none. The result is a truly all-new Corvette."